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The Allahabad High Court expressed concern over live-in relationships, particularly their impact on women and traditional family structures. The court opined that such…
In a major GST fraud case involving ₹704 crores, the Rajasthan High Court denied bail to the accused, citing an attempted escape from custody and seriousness of the charges. The…
The GST Department has issued a massive ₹2298 crore show-cause notice SCN to New India Assurance over alleged discrepancies in tax compliance. The case likely involves issues with…
The CESTAT noted a discrepancy in the recorded service tax liability, where an amount of ₹4.53 lakh was mistakenly taken as ₹6.06 lakh. It ordered a remand for factual…
The ITAT allowed a cooperative society’s claim for deduction under Section 80P 2 a i , stating it cannot be denied solely because the society lent funds to non-members. The…
The ITAT ruled against the disallowance of payments to related parties under Section 40A 2 b , holding that the Assessing Officer failed to prove such payments were excessive or…
The Patna High Court ruled that BRPNNL is not a “governmental authority” for the purpose of claiming service tax exemption on centage and toll services. The Court’s interpretation…
The article provides a detailed overview of Oman’s evolving tax structure, including corporate income tax and its implications for foreign investors and Indian businesses…
The Patna High Court ruled that BRPNNL is not a “governmental authority” for the purpose of claiming service tax exemption on centage and toll services. The Court’s interpretation…
The ITAT allowed a cooperative society’s claim for deduction under Section 80P 2 a i , stating it cannot be denied solely because the society lent funds to non-members. The…
The ITAT quashed the rejection order for 80G approval to Mahindra University, directing a fresh review. The tribunal held that the order lacked a proper hearing and failed to…
The GST Department has issued a massive ₹2298 crore show-cause notice SCN to New India Assurance over alleged discrepancies in tax compliance. The case likely involves issues with…
The Institute of Cost Accountants of India ICMAI and SEBI have initiated a task force for NISM certification, with a deadline for submitting Expressions of Interest EOI ending…
The Rajasthan High Court granted bail in a case related to alleged fake GST input tax credit ITC , citing that the department had not properly calculated the tax liability. The…
The ITAT ruled in favor of the assessee, noting that an MoU and bank statements sufficiently substantiated a loan and its repayment. It criticized the AO for failing to…
In a major GST fraud case involving ₹704 crores, the Rajasthan High Court denied bail to the accused, citing an attempted escape from custody and seriousness of the charges. The…
This report highlights a burglary involving cash, gold, and diamonds worth ₹60 lakh stolen from a retired GST officer's home. The case is under investigation, reflecting rising…
In a sympathetic ruling, ITAT remanded a case involving a senior citizen who was unfamiliar with online filing procedures. The tribunal directed the authorities to reconsider the…
Madras High Court upheld SBI’s decision to deny employment to a candidate based on poor CIBIL scores and past loan defaults. The judgment reinforced the bank's right to maintain…
This financial tracker consolidates FY25 metrics of Indian startups including revenue, profit/loss, and expenditure. It serves as a benchmarking tool for founders, investors, and…
Foxconn has received approval from Taiwan’s government to invest $2.2 billion across India and the US. The move signifies its continued shift toward diversified manufacturing and…
The Kerala High Court questioned the Central Board of Film Certification CBFC over objections to the title “Janaki” in a Suresh Gopi film. Drawing comparisons with widely accepted…
The Supreme Court stayed proceedings in a cheating case filed against Anupam Mittal, founder of Shaadi.com. The case involved allegations of misrepresentation, and the SC’s…
The ITAT quashed the PCIT’s directions under Section 263 regarding TDS under Section 194J and closing stock valuation. It ruled that the Assessing Officer had already conducted…
A theft complaint led to the discovery of unaccounted cash allegedly belonging to GST officials. The incident raises serious concerns about corruption and money laundering within…
This article explores Articles 245 to 279A of the Constitution, which form the foundation of India's taxation framework. It delves into legislative powers, GST implementation, and…
The VC of Jindal Global University addressed the Japanese Parliament, emphasizing collaboration between India and Japan in building modern legal frameworks. The address promotes…
The Kerala High Court granted anticipatory bail to the producers of the hit film “Manjummel Boys” in a cheating case. The court found no immediate need for custodial interrogation…
Ahead of its IPO, Pine Labs allotted 2.3 crore shares to CEO Amrish Rau, a move seen as part of leadership incentivization. The transaction is likely to attract investor scrutiny…
Shopos, an AI-driven eCommerce venture by Scapic founders, raised $20 million in a funding round. The startup aims to build scalable AI solutions for retail automation and digital…
The Maharashtra cabinet approved a new GST amendment bill along with an expanded PSU arrears clearance scheme. This aims to streamline tax administration and resolve outstanding…
ITAT deleted a ₹2.53 crore addition under Section 68 after finding no evidence that the assessee owned shares involved in client code modification. The tribunal emphasized the…
Leading law firms JSA, Dentons, and Hogan Lovells advised on the IPO of Central Mine Planning & Design Institute CMPDI , a PSU. The transaction involves legal, regulatory, and…
Madras High Court set aside a Section 74 order where the taxpayer availed TNVAT ITC during GST without filing TRAN-1. The court granted a fresh hearing, recognizing procedural…
In a sympathetic ruling, ITAT remanded a case involving a senior citizen who was unfamiliar with online filing procedures. The tribunal directed the authorities to reconsider the…
The Calcutta High Court commuted the death sentence of a man accused of killing a woman in a hotel room to life imprisonment. The court cited mitigating circumstances and…
The Bombay High Court restrained Cocoplus from using packaging that mimics Parachute’s well-known trade dress. This case underscores the importance of trade dress protection in…
The Supreme Court released a detailed policy guiding all Indian courts on how long to retain or destroy non-judicial records. The move enhances transparency, reduces clutter, and…
The Delhi High Court directed Meta to take immediate action and remove obscene, morphed images of a minor girl. The court emphasized platform accountability and speedy redressal…
As Pine Labs prepares for its IPO, the company is facing income tax demands and scrutiny from auditors. These concerns raise questions about financial disclosures and corporate…
JSW Steel has filed a review petition challenging the Supreme Court’s order directing liquidation of Bhushan Power & Steel. The SC had earlier reversed the NCLAT's approval of…
This opinion piece argues for stronger enforcement of the Food Safety and Standards FSS Act. It highlights gaps in regulatory practices and calls for a more accountable framework…
The Kerala HC was informed that all 35 sexual harassment cases linked to the Hema Committee Report have been dropped. The court may seek an explanation as concerns mount over…
The Kerala HC issued notice to the State Government on a plea seeking cancellation of bail granted to a lawyer accused in a rape case. The petition claims misuse of bail and poses…
The Delhi HC held that an employee cannot be forced to return to their previous employer or remain idle. The ruling affirms employment rights and contractual freedom while…
This NCLAT fortnightly roundup covers key IBC rulings from February 1–16, 2025. It includes resolution plan approvals, liquidation decisions, and clarifications on timelines,…
Airtel deployed an AI system that helped safeguard 3.5 million users from digital fraud in Delhi. The initiative reflects the role of telecom compliance with customer protection,…
The Madras HC criticized a GST order that copied the assessee’s response without providing independent reasoning. It set aside the Section 74 order, stressing that quasi-judicial…
The Supreme Court stayed criminal proceedings against Shaadi.com founder Anupam Mittal in a cheating case. The stay was granted pending detailed review of the allegations and…
This article explores Articles 245 to 279A of the Constitution, which form the foundation of India's taxation framework. It delves into legislative powers, GST implementation, and…
The Allahabad High Court expressed concern over live-in relationships, particularly their impact on women and traditional family structures. The court opined that such…
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